Banking veteran David Scudellari has joined the Canadian pension investment manager to lead its new direct lending arm. He plans to staff the office with 10 more people and PSP will also eventually house other alternative investment professionals in the new NYC office.
3 min read · 05 November 2015
The subordinated loan is backed by two UK solar portfolios held by Lightsource Renewable Energy Holdings.
1 min read · 04 November 2015
Marlborough Partners report on the UK mid-market cautions private equity borrowers against issuing debt in more volatile market unless absolutely necessary.
2 min read · 04 November 2015
Insurers at the heart of new platforms, which will benefit from credit enhancement and are modelled on a $3bn pilot created for the Chinese central bank.
2 min read · 04 November 2015
The US firm is turning more to credit and energy as its multi-strategy hedge funds see outflows.
3 min read · 04 November 2015
The investment specialist teamed up with Lloyds Banking Group to provide a £50m refinancing package.
2 min read · 03 November 2015
The distressed specialist saw its earnings drop in the third quarter, but is happy to wait for distressed opportunities as it builds up dry powder reserves.
3 min read · 03 November 2015
The growing insurance holding business, which owns an expanding direct lending platform, helped boost earnings at Apollo Global in Q3. The firm is also seeing increasing separate accounts with LPs and sub-advisory mandates with mutual funds focused on credit.
2 min read · 03 November 2015
Lynn Gilbert is M&G's new head of senior real estate lending.
2 min read · 03 November 2015
The Switzerland-based asset manager expects to hold a first close at the end of the year.
2 min read · 03 November 2015
